NE28 0LQ is a residential postcode located on Tynemouth Road, Wallsend, NE28. It is the 786th largest postcode in the NE28 area.
It contains 31 residential addresses consisting of 7 houses and 24 flats and the most common type of property is a early-century flat built between 1912 and 1935.
The average house value is £84,730. Sales values have increased in the last 12 months by 3.4% and Rental values have increased by 9.8%.
Property sale values range from £77,596 for a leasehold flat, with 2 bedrooms split across 570 square feet of gross internal area and has a garden to £151,583 for a freehold house, with 3 bedrooms split across 915 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NE28 0LQ is £124/ft2.
Properties achieve a rental yield of between 7.3% and 9.1%, and rental values range from £572 to £924 per month.
The last sale was 19 Dec 2022 for £70,000 and since then the market in the area as increased by 2.9%. The postcode has had a total of 4 sales since 1995.
NE28 0LQ has seen 4 sales in the last three years and no sales in the last twelve months.
NE28 0LQ is the 786th largest and the 188th most expensive postcode out of the 1,070 postcodes in the NE28 area.
NE28 0LQ is a residential postcode located on Tynemouth Road, Wallsend, NE28 with 7 houses and 24 flats within its bounds.
The most common property type in NE28 0LQ is a early-century flat built between 1912 and 1935.
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to NE28 0LQ is Northumberland Park (Tyne & Wear) station which is 4.2 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE28 0LQ, 38.1% of property is privately rented and 28.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE28 0LQ, 10.0% of residents are recorded as possessing school level qualifications and 26.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NE28 0LQ, the average age was 41.3 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE28 0LQ, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE28 0LQ, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.